This is a guest contribution by Dmitry Ivanov of Binary and Forex . If you would like to submit a contribution please contact Bill Beatty for submission details. Thank you. 

Much has happened in recent years when it comes to the promotion and implementation of responsible gaming policies in online gambling. Operators have realized that offering responsible gambling tools to players is beneficial for a sustainable business model, while regulators have come to notice that it is important for their reputation and credibility.

While all of us were busy building and promoting tools for self-exclusion from sportsbooks and deposit limiting features for casinos, however, a whole industry has grown up and matured in our shadow, and it is one that likes to hide behind the label of financial respectability while being ten times worse than any gambling company when it comes to business practices. I am of course speaking about Binary and Forex trading companies and the products they are offering to the public.

Even Apple has had enough: the tech giant has just banned all Binary trading apps from its App Store, dealing a massive blow to this often shady but very lucrative category of apps. That should tell you everything you need to know about this industry. For a whole type of app to be kicked out by Apple is a clear sign that a considerable number of people have complained, otherwise the tech giant from Cupertino would never act like this.